Sylynt056

EUR/USD Buy Forecast 1.9% Goal 10 mar 24

Long
FOREXCOM:EURUSD   Euro / U.S. Dollar
Trend Analysis:
(Daily TC) - Bull Market, total trend life since last (pullback @round 1.08334) = 1.02%, market would only need +1.94% / +2% to fulfil bullish side (Volatility TP @1.11529),

market already Passed 3% resistance area sitting @(0.5%)

Candles averaging +25% pips = confirmed +18% breakout

Structure:

(3/10/24 (update))

Healthy bullish market all other signs signaling continuation

Keep watch of MAs, currently 50 EMA bouncing off of 200 EMA under the 100 EMA, expecting to continue as it is on the path to cross to the bull side = Ma's averaging range @round 0.20%

Support & Resistance Levels:

(3/10/24 (update))

(Low =1.09226) , (High = 1.09612)

Crossovers & Moving Averages:

MA's 30% away from crossing 1Hour low

Risk Management:

0.4% = pullback / breakout
(-0.35%) = Abort trade

Objective & Targets:

O & T 1: Reach 0.7% TP1 goal expect retracement of 20%

O& T 2: Reach TP2 @ 1.9% Or expected Volume dump TP @1.5%




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